Someone Explain Realtors To Me

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Also, I'm not 100% on this, but you may need to hire an appraiser to decide the value of the house.

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Negative.....a GOOD realtor will pull up comps in your neighborhood and tell you where you should be as far as sales price goes.

And yes, you look for a new house while yours is on the market. If you find a house, you'll proabably need to put an offer in on it contingent on financing and the sale of your existing home. Again, something a GOOD agent will give you solid advice for.

If you feel like you're still wading through a big of pile of shite after you've hired a realtor for all this, then you've hired the wrong realtor.

Well "Realtor" is a term associated with Licensed Real Estate agents that are associated with the National Association of Realtors. Not all licensees are members of the Realtors organization. However, Realtors have access to the multiple listing service, which will allow your property to be seen by the masses.

As seller you have multiple options at your disposal.

You can list your home for sale on For Sale by Owner website and represent yourself. You could even offer to pay a 2-3% commission in hopes of attracting buyers who are already using a licensed real estate agent.

You can list your home with a limited service broker for several hundred dollars. He or she will place your home in the MLS and your home will be seen by people searching Realtor.com and other brokers websites. Again you could opt for paying a selling agent 2-3% commission in hopes of attracting buyers who are already using licensed real estate agent.

You can list your home with a full service broker who will list your home and represent you and walk you down the path to selling your home. More often than not these are 4%-6% percent listing with half going to the listing and half going to the selling.